An Evaluation Of Home Depot, Inc. (NYSE: HD) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

HD belongs to the Consumer Cyclical sector of the NYSE while operating in the Home Improvement Retail industry. At the end of the last regular session, the stock closed at $331.97 and fluctuated between $346.12 as its day high and $341.51 as its day low. The current market capitalization of Home Depot, Inc. is $328.99B. A total of 3.18 million shares were traded on the day, compared to an average of 3.42M shares.

In the most recent transaction, Decker Edward P. sold 35,987 shares of HD for 368.63 per share on Feb 22 ’24. After the transaction, the Chair, President and CEO now owns 107,731 company shares. In a previous transaction on Feb 22 ’24, Campbell Ann Marie sold 27,574 shares at 368.65 per share. HD shares that Senior EVP owns now total 65,520.

Among the insiders who sold shares, Hourigan Timothy A. disposed of 8,996 shares on Feb 22 ’24 at a per-share price of $368.74. This resulted in the EVP – Human Resources holding 75,799 shares of HD after the transaction. In another insider transaction, Roseborough Teresa Wynn sold 19,367 shares at $363.23 per share on Feb 21 ’24. Company shares held by the EVP, Gen. Counsel & Corp. Sec. now total 21,290.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Home Depot, Inc. pays an annual dividend of $8.52, resulting in a dividend yield of 2.57%, and it has a price to earnings (P/E) ratio of 21.98. HD’s most recent ex-dividend date was 3/6/2024 when it declared a $2.25 quarterly dividend that was paid in cash on 3/21/2024. Previously, the company paid the dividend on 12/14/2023 with an ex-dividend date of 11/29/2023. The HD stock dividend was $2.09 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, HD has a high of $396.87 and a low of $274.26.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. HD’s latest balance sheet shows that the firm has $2.34B in Cash & Short Term Investments as of fiscal 2022. There were $46.27B in debt and $28.69B in liabilities at the time. Its Book Value Per Share was $1.05, while its Total Shareholder’s Equity was -$1.70B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HD is Buy with a score of 4.34.

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